New SPK Decision on Crypto Assets: A Comprehensive Overview of Regulatory Amendments

With the enactment of Law No. 7518, which introduces amendments to the Capital Markets Law No. 6362, the Capital Markets Board (SPK) issued several key regulatory changes aimed at addressing customer asset management, crypto asset transactions, and compliance obligations. This article explores the essential aspects of the SPK’s new principle decision i-SPK.35.B.1 (dated 19/09/2024, No. […]

Administration of Crypto Assets under Turkish Law

The administration of crypto assets in Turkey has been increasingly formalized through recent amendments to the Capital Markets Law (Law No. 6362), highlighting the need for regulatory oversight and structured management of this evolving sector. This article delves into the key aspects of the administration of crypto assets under Turkish law, exploring the roles and […]

Crypto Asset Issuers under Turkish Law

The recent amendments to the Turkish Capital Markets Law (Law No. 6362) have introduced regulations that, while not directly detailing the obligations of crypto asset issuers, outline significant frameworks affecting their operations. These changes reflect Turkey’s approach to integrating crypto assets within its financial regulatory landscape, emphasizing compliance, transparency, and technological oversight. Issuance and Tracking […]

Market Abuse in the Crypto Asset Market in Turkey

Overview and Regulatory Context: The recent legislative amendments aim to address the increasing market abuse activities within crypto asset markets, which are often characterized by high volatility, anonymity, and lack of centralized control. This creates a breeding ground for manipulative practices, making it essential for regulators to establish robust frameworks to protect investors and ensure […]

New Crypto Asset Regulation of Turkey and Understanding Provisions related to Crypto Asset Service Providers (CASPs)

In recent years, the rapid development of distributed ledger technologies and the rise of crypto assets have necessitated new regulatory frameworks globally, including in Turkey. As the financial landscape evolves, the legal treatment of Crypto Asset Service Providers (CASPs) has become increasingly important, especially for those navigating compliance within Turkish law. Regulatory Framework and Oversight […]

Regulatory Landscape for Crypto Asset Trading Platforms in Turkey

Crypto asset trading platforms have become essential components of the digital asset market, providing the infrastructure for users to buy, sell, and transfer various crypto assets. In Turkey, these platforms are subject to specific regulations designed to ensure market transparency, security, and investor protection. Legal Oversight and Compliance Requirements The regulation of crypto asset trading […]

Legal Services for Digital Asset Businesses

As the digital asset space continues to grow and evolve, it’s more important than ever for businesses to prioritize responsible innovation and customer protection. That’s where Cindemir Law Office comes in. Our team of experienced attorneys can help your digital asset business comply with the Global Digital Asset & Cryptocurrency Association’s Core Principles, which set […]

Legal Affidavit Preparation in Turkey

Introduction In the complex arena of international law, expertise in document preparation, especially legal affidavits and apostille certification, is essential. Our legal services are tailored to assist international couples in navigating these challenges, ensuring legal compliance and international recognition of their documents. The Role of Legal Affidavits in International Relationships Legal affidavits are crucial in […]

Exit Bans in Turkey: A Critical Exploration of Judicial Control

Introduction: The Turkish legal system offers a myriad of measures under the umbrella of judicial control to manage individuals suspected of criminal activities. Of these, the exit ban has garnered significant attention, both domestically and internationally. This article delves deep into the nuances of the exit ban as a form of judicial control in Turkey. […]

Crypto Assets Status: A Perspective Following Turkey’s Stance on Crypto Use

The cryptocurrency landscape is a dynamic and complex ecosystem, under constant scrutiny and evaluation by governments, regulators, and financial institutions worldwide. The diverse approaches and perspectives toward this digital monetary system significantly influence its acceptance and integration within each country’s economy. Turkey’s recent decision to ban the use of cryptocurrencies for purchases and services offers […]